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To empower companies around the world to define their most important goals and turn strategy into outcomes.
An increasingly complex market requires flexible and adaptable management, with transparency and collaboration across the entire organisation. However, many large companies are still using a more traditional, rigid and unresponsive decision-making process, and they are losing market share to more agile competitors. Munich startup Workpath exists to help enterprise customers adapt to a new way of doing business with its software and training supporting the OKR (Objectives and Key Results) method of management.
OKR is a collaborative and goal-setting framework for organisations which has been developed since the 70s, and the business case for adopting it has been widely known. However, businesses helping customers adjust to this model either focus solely on providing management tools which are ineffective because they do not automatically involve employees, or they provide a bespoke solution. This is more effective, but these companies do not have the resources to handle the demands of enterprise businesses. Workpath is able to do both - its software package is focused on employee engagement, and its framework is robust enough to handle the data security and platform stability requirements of the largest businesses. Indeed, Workpath has been taken up by huge companies such as e.on, Bosch and DB Schenker.
Workpath will move to invest in the platform and to expand into new markets, and is also investing heavily in new software engineering and sales talent. With an innovative product and a growing roster of enterprise customers, Workpath seems set to dominate in its sector.
Freddie
Company Specialist at Welcome to the Jungle
Sep 2021
$11.1m
SERIES A
Johannes Mueller
(CEO)Before co-founding Workpath was an analyst at Fly Ventures and Associate at Founder.org.